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back into the economy instead of having them on welfare and not being able to produce a part of the economy. this is turned down by the republicans. there was an article this week in one of the papers where speaker boehner was quoted in saying, in terms of the tax debate, because we all support tax restructuring, that he would take closing loopholes if given a lower rate for taxes. it seems to me closing some of these tax loopholes, why we are giving tax breaks to companies that move overseas and take our jobs over there is beside me. if you are going to give a tax break, give it to someone providing a job in america. the tax subsidies, the 40% in some of the examples, really successful companies, that are making a lot of money, why are we subsidizing the company making a lot of money? it seems to be closing the loopholes and lowering the deficit would be a better approach than closing loopholes and giving a lower tax rate. i would like the response to those two questions. and yours. >> on the first, i am more in the camp as i outlined as the congressional budget office that the impact of s
back into the economy instead of having them on welfare and not being able to produce a part of the economy. this is turned down by the republicans. there was an article this week in one of the papers where speaker boehner was quoted in saying, in terms of the tax debate, because we all support tax restructuring, that he would take closing loopholes if given a lower rate for taxes. it seems to me closing some of these tax loopholes, why we are giving tax breaks to companies that move overseas...
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the economy is rebounding. the unemployment rate for february dropped to 7.7% and that is the lowest unemployment rate in more than four years. employers added nearly a quarter million jobs this past month alone. cbs reporter, tara merger in with how millions of americans struggling to find work are hoping this is a sign the tide is turning. >> noisy construction sites are becoming music to the ears of unemployed americans. a rise in building is fueling a hiringboom. the industry added 48,000 jobs in february. the biggest one-month gain in six years. construction led the way in a better than expected jobs report. there were also big improvements in manufacturing and the retail industry. all together, employers added more than a quarter million jobs in february, cutting the unemployment rate to 7.7%. the lowest level in four years. >> we are getting buildup in jobs where people have very good yearly salaries. that could be beneficial to the overall economy. >> the construction industry is expected to keep growin
the economy is rebounding. the unemployment rate for february dropped to 7.7% and that is the lowest unemployment rate in more than four years. employers added nearly a quarter million jobs this past month alone. cbs reporter, tara merger in with how millions of americans struggling to find work are hoping this is a sign the tide is turning. >> noisy construction sites are becoming music to the ears of unemployed americans. a rise in building is fueling a hiringboom. the industry added...
SFGTV2: San Francisco Government Television
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as many framers roofers and home inspector and is then that has a booying fantastic on the overall economy having said that i'm not living with my head in the sand here i recognize that a lot of markets are still suffering a little bit and this graph show you's you the change of value in home price from their local market peak to where they are at present the case sowler composite and san francisco is halfway through the pack there down to about 33% and so whole values are still off from where they were before but if you look at where we are from the low point until where we are today, san francisco is looking a little bit better and oakland is not a member city and they randomly take 20 cities that are plead broadly representative of the housing market and san francisco is the second line on here and posted as one of the naysest paces of recovery and so we get some help from residential construction and we also get help from securelier spending this is what i'm showing here and this is the debt service ratio and it's an interesting concept if says if you add up my mortgage payment and car
as many framers roofers and home inspector and is then that has a booying fantastic on the overall economy having said that i'm not living with my head in the sand here i recognize that a lot of markets are still suffering a little bit and this graph show you's you the change of value in home price from their local market peak to where they are at present the case sowler composite and san francisco is halfway through the pack there down to about 33% and so whole values are still off from where...
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Mar 9, 2013
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the economy is good here. where do we put all of these people and how do we allow traffic not to create even more mega-commuters? what do we do for the growing population? >> right. well, we have a tremendous amount of space in our urban fabric that we can build upon and even improve. the key thing is to really engage the community's values. when you start to do that. it becomes a better place that could actually reduce the amount of driving. how is that possible? you take a place that has maybe vast parking lots and isn't that attractive and then you just build up to the sidewalks so that people can enjoy a vibrant street life. and what happens is you actually create destinations that make it that people living nearby suddenly have a place to walk to or have a short drive to instead of these long drives to everywhere we're going. so before growth and change is going to happen, we start by asking the community, what do you love about this place? we want to preserve that. but what do you need? we've been going
the economy is good here. where do we put all of these people and how do we allow traffic not to create even more mega-commuters? what do we do for the growing population? >> right. well, we have a tremendous amount of space in our urban fabric that we can build upon and even improve. the key thing is to really engage the community's values. when you start to do that. it becomes a better place that could actually reduce the amount of driving. how is that possible? you take a place that...
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job figures show the economy can weather federal budget cuts urn the sequester and higher taxes. the dow add 67 points to close at the 4th record in a row. the nasdaq tacked on 12 points. at 9.8% unemployment california is lagging behind the nation but things are looking up. our consumer editor takes the pulse of small business and tells us about an improved online tool for california job seekers. >> reporter: after suspending her lunch business at the recession she started it up again on tuesday. >> i truly feel the economy is dog much, much better. it will continue to grow. >> reporter: that feeling and faith created new jobs. >> i had to bring extra people in the kitchen because we don't want them to overwork. you see, quite a few hours. and also in the dining room i had to bring a couple of people in as well. >> reporter: former regular lunch customers are happy. >> when the economy was not as good it was hard. it was hard for many places and many lunch places slowed down. and, they just opened again now. >> reporter: even here in walnut creek business is still recovering. >>
job figures show the economy can weather federal budget cuts urn the sequester and higher taxes. the dow add 67 points to close at the 4th record in a row. the nasdaq tacked on 12 points. at 9.8% unemployment california is lagging behind the nation but things are looking up. our consumer editor takes the pulse of small business and tells us about an improved online tool for california job seekers. >> reporter: after suspending her lunch business at the recession she started it up again on...
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today's boom comes after the latest unemployment report, offered signs of a grow be economy. unemployment dropped to 7.7%. the lowest it has been in four years. employers added a whopping 236,000 jobs last month. that was the largest monthly increase since last november. and san francisco today, house minority leader nancy pelosi was not so up beat about the nation's economy because of sequestration. >> according to the chairman of the fed that we will lose 750,000 jobs and it will slow our economic growth. and it does not reduce the deficit. >> congresswoman pelosi met with health and science researches to talk about the across the board budget cuts and how it will impact the university. she did express hope that both sides of congress will be able to work out a thoughtful compromise to the sequester. >> starting monday, thousands of workers in san jose are getting a raise. that is because the minimum wage is about to increase by two bucks to $10 an hour thanks to a recently passed measure. measure b, the wage boost went into effect. the owner said it hit his bottom line a b
today's boom comes after the latest unemployment report, offered signs of a grow be economy. unemployment dropped to 7.7%. the lowest it has been in four years. employers added a whopping 236,000 jobs last month. that was the largest monthly increase since last november. and san francisco today, house minority leader nancy pelosi was not so up beat about the nation's economy because of sequestration. >> according to the chairman of the fed that we will lose 750,000 jobs and it will slow...
SFGTV2: San Francisco Government Television
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Mar 2, 2013
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next recession we main feel good about our gdp growth but we are doing better than the other advanced economies of the world and there is a johnny cash song that says the beer i had for break fast was not bad and so i had one more for desert and i full bled through my closet and found my cleanest dirty shirts and so, united states foreign bonds are the cleanest dirty shirts down and as marry mentioned in the introduction the weekly and monthly ox comment tare we have printed versions of our commentary on a both outside and there is a link there that you can sign up to receive complimentary sub contribution to that for being here today. to sum everything up, i guess what i would say here is, we are growing at below our potential you know, the commie cook growing at a faster clip if we can get the budget problems out of our way but it's not as though we are in the risk of slipping back into the a double dip recession and we are finally at a point here where this two% may noting what everybody wants but it's a better alternative and advanced to the other economies the world and i would love it see
next recession we main feel good about our gdp growth but we are doing better than the other advanced economies of the world and there is a johnny cash song that says the beer i had for break fast was not bad and so i had one more for desert and i full bled through my closet and found my cleanest dirty shirts and so, united states foreign bonds are the cleanest dirty shirts down and as marry mentioned in the introduction the weekly and monthly ox comment tare we have printed versions of our...
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a lot of people say the economy is on a tear. they look at these jobs numbers and they see fourth-quarter gdp and they are saying that this is a great economy. things are turning around. why are you so down in the dumps. >> we studied this in cycles and it looks like this has been going on for about a half year. all those data points that you have talked about is anybody earning a paycheck understand that. >> in terms of income, you see that it's not all that it's cracked up to be. >> it is from a very low base. impact on the overall economy is a fraction of this gdp. maybe what the sequester might have taken away. when you take a look at what else is there. gerri: not everybody is on the bandwagon. a lot of people are much more circumstantial. they say that we are barely riding the edge, maybe 2% is what we're going to get. you stay at that level, it is easy to to to the other side? >> just like you said, you always hear people say we were out of 2% economy. year-over-year, 1% growth rate. quarter for was flat. i mean, you know
a lot of people say the economy is on a tear. they look at these jobs numbers and they see fourth-quarter gdp and they are saying that this is a great economy. things are turning around. why are you so down in the dumps. >> we studied this in cycles and it looks like this has been going on for about a half year. all those data points that you have talked about is anybody earning a paycheck understand that. >> in terms of income, you see that it's not all that it's cracked up to be....
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that is not going to help the economy. that is not going to help growth, and it is not going to create jobs. as far as a number of economists have noted, it does not even reduce our deficit in the smartest way possible or in the fastest way possible, so in terms of going forward, my hope is after some reflection, as members of congress start hearing from constituents who are being negatively impacted, as we start seeing the impact that the sequester is having, that they step back and say, "all right, is there a way for us to move forward on a package, on entitlement reforms, tax reform, not raising tax rates, identifying programs that do not work, coming up with a plan that is comprehensive and that makes sense?" and it may take a couple of weeks, and it may take a couple of months. but i am going to keep on pushing on it, in my view is that, ultimately, common sense prevails, but what is true right now is that republicans have made a choice that maintaining an iron-clad rule that we do not accept more does not make it eas
that is not going to help the economy. that is not going to help growth, and it is not going to create jobs. as far as a number of economists have noted, it does not even reduce our deficit in the smartest way possible or in the fastest way possible, so in terms of going forward, my hope is after some reflection, as members of congress start hearing from constituents who are being negatively impacted, as we start seeing the impact that the sequester is having, that they step back and say,...
SFGTV2: San Francisco Government Television
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we will be without industry, we will be without jobs, we will be without a healthy economy, and our people will be sick. so we don't really have a choice. we're going to find out why that's important. it's a question of, who's going to pay, how much you're going to be willing to pay in order to ensure that your children live the kind of life that we as americans have promised them. woman: and what we're going to do is get a marble to travel through your pipe. child: keep still! keep still! woman: aw, there's a clog in the drain. oh, there it is. [ laughing ] narrator: in the 19th century, foresighted leadership and innovative engineering established drinking water, wastewater, and stormwater infrastructure that supported the growth of the nation. through much of the 20th century, we continued to invest, to ensure our public health, safety, and economy. but now, in the 21st century, we face the need to revisit our commitment to the buried assets and infrastructure that for so long have provided for our way of life. johnson: infrastructure across this country needs to be addressed and it nee
we will be without industry, we will be without jobs, we will be without a healthy economy, and our people will be sick. so we don't really have a choice. we're going to find out why that's important. it's a question of, who's going to pay, how much you're going to be willing to pay in order to ensure that your children live the kind of life that we as americans have promised them. woman: and what we're going to do is get a marble to travel through your pipe. child: keep still! keep still!...
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even though the economy is still struggling. ben bernanke is an academic, which means he doesn't have real world experience, but his theory is you will send your money over to the stock market where you might be roughly 0% and then if you see a high stock market, he says he will feel better about the economy. from the gains from your stocks, it will drive the economy even higher. the only problem is that consumer spending power, it hasn't worked. there is a huge disconnect between the stock market and the economy. as long as the fed keeps artificially driving higher, investors will be happier. this will be just another bubble. dennis: be sure to watch the tom sullivan show this weekend. you can catch it at 7:00 p.m. and 10:00 p.m. on saturday and sunday at 7:00 a.m. and 7:00 p.m. happy friday, everyone. thank you for being with us. gerri: welcome to "the willis report." rand paul's turn with the gop. will the establishment stand with him or abandonment? and college students barely knowing how to read. that is the case with one c
even though the economy is still struggling. ben bernanke is an academic, which means he doesn't have real world experience, but his theory is you will send your money over to the stock market where you might be roughly 0% and then if you see a high stock market, he says he will feel better about the economy. from the gains from your stocks, it will drive the economy even higher. the only problem is that consumer spending power, it hasn't worked. there is a huge disconnect between the stock...
SFGTV: San Francisco Government Television
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and after we opened, which was a spectacular opening concert about five weeks after that the economy completely crashed. my plan -- and i'm absolutely dogmatic about my plans --were delayed slightly. i would say that in this very difficult timefor the arts and everyone, especially the arts, it's phenomenal how new century has grown where many unfortunate organizations have stopped. during this period we got ourselves on national radio presence; we started touring, releasing cds, a dvd. we continue to tour. reputation grows and grows and grows and it has never stopped going forward. msk(music) >> the bay area knows the orchestra. you maybe take things for granted a little bit. that is simply not the case will go on the road. the audiences go crazy. they don't see vitality like this on stage. we are capable of conveying joy when we play. msk(music) >> any performance that we do, that a program, that will be something on the program that you haven't heard before. string orchestra repertoire is pretty small. i used to be boxed into small repertoire. i kept constantly looking for new repe
and after we opened, which was a spectacular opening concert about five weeks after that the economy completely crashed. my plan -- and i'm absolutely dogmatic about my plans --were delayed slightly. i would say that in this very difficult timefor the arts and everyone, especially the arts, it's phenomenal how new century has grown where many unfortunate organizations have stopped. during this period we got ourselves on national radio presence; we started touring, releasing cds, a dvd. we...
SFGTV2: San Francisco Government Television
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Mar 5, 2013
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and i think the comment was made in each of the economies but in fact what we found, when you have realignment, all 58 counties deciding what to do, if we just look at the incarceration rates across each of the counties, fresno, like county, population demographics to san francisco. and it's a law that impacts on a statewide basis is more sensible than leaving it up to each county because then you'll end up with 58 different styles and methods of criminal justice. >> tal? >> i'm the public defender and it's my job to push the envelope. it's one thing to talk about reducing possession charges from felonies to misdemeanors but i'm not sure that's going to change the color and demographics of the population in county jail. they're out there on the street sometimes selling small amounts of drugs. until we address that problem and expand exponentially. jails will still be filled with poor people and people of color. you're not ending the war on drugs. we need to think of at holistic play as a public-health problem. not as a rush also the people who are selling and people are selling a rock to a pol
and i think the comment was made in each of the economies but in fact what we found, when you have realignment, all 58 counties deciding what to do, if we just look at the incarceration rates across each of the counties, fresno, like county, population demographics to san francisco. and it's a law that impacts on a statewide basis is more sensible than leaving it up to each county because then you'll end up with 58 different styles and methods of criminal justice. >> tal? >> i'm the...
SFGTV2: San Francisco Government Television
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the impact of all that you do has an impact on our job situation and local economy, and to highlight all of the great work that we can do together to ensure that the sectors that you all represent, the sectors that you work for, that you employ people for connaught is one of the greatest sectors in san francisco. i hope we will take the opportunity of the america's cup to showcase our clubs, our restaurants, our nightlife events. as someone who represents the broadaway neighborhood, an area of town that i used to spend a lot of time in when i was in my 20's -- but actually, very few locals take the time to head to the beach on broadway. our neighborhoods are coming together to say that broadway is open to the rest of the world as well as san francisco. i want to put san francisco back on the map when it comes to music. to make sure that we have the type of entertainment that we used to be renowned for. and those of you that work in our bars and clubs, i want to make sure that we are trading the kind of destinations that we look forward to spending time with you. i know on behalf of m
the impact of all that you do has an impact on our job situation and local economy, and to highlight all of the great work that we can do together to ensure that the sectors that you all represent, the sectors that you work for, that you employ people for connaught is one of the greatest sectors in san francisco. i hope we will take the opportunity of the america's cup to showcase our clubs, our restaurants, our nightlife events. as someone who represents the broadaway neighborhood, an area of...
SFGTV2: San Francisco Government Television
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liquor was the foundation of the economy. and >> anything that touched on the possibility of prohibition was greatly and popular. >> the first campaign was a great effort, but not a success. >> the war was not over. less than one decade later, a graphic protests brought new life to the movement. >> women's suffrage, the republican convention in oakland, this time it was the private sector response. 300 marched down the streets of the convention center. women were entitled to be here. >> joining together for another campaign. >> women opened a club in san francisco. it was called the votes for women club. if she could get the shopkeepers to have lunch, she could get them to be heard literature. the lunch room was a tremendous success. >> it was the way that people thought about women willing to fight for a successful campaign. what happened was, the social transformation increase the boundary of what was possible, out word. >> there were parades and rallies, door to door candidacies, reaching every voter in the state. >> the e
liquor was the foundation of the economy. and >> anything that touched on the possibility of prohibition was greatly and popular. >> the first campaign was a great effort, but not a success. >> the war was not over. less than one decade later, a graphic protests brought new life to the movement. >> women's suffrage, the republican convention in oakland, this time it was the private sector response. 300 marched down the streets of the convention center. women were...
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>>> it's just hard and it will hurt the economy overall. >> mark: the president said he did something today he didn't want to do. >> mark: no compromise in washington, so the budget cuts have begun. they went into effect an hour ago. in is a live picture of washington, d.c., the nation's head in gridlock. earlier today the president called top leaders from both sides to the white house. simply put, republicans want spending cuts while the president wants to increase revenue while closing loopholes to reduce the deficit. >> derek: the president got his tax hikes on january 1. the discussion about revenue, in my view, is over. it's about taking on the spending problem here in washington. >> mark: republicans in the white house did come together on one issue. they agreed to keep the government running through september 30 and avoid a shut-down at the end of this month. >> how concerned are people about the cuts? deborah is live now where she went to sample the sequester mood tonight. >> reporter: we found more ambivalence than alarm. from a noted stanford economist, open optimism. >> der
>>> it's just hard and it will hurt the economy overall. >> mark: the president said he did something today he didn't want to do. >> mark: no compromise in washington, so the budget cuts have begun. they went into effect an hour ago. in is a live picture of washington, d.c., the nation's head in gridlock. earlier today the president called top leaders from both sides to the white house. simply put, republicans want spending cuts while the president wants to increase revenue...
SFGTV2: San Francisco Government Television
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to produce better and new jobs and position to ensure that america remains at the forefront of the economy in the 21st century. we are working to ensure that all americans have the resources and the skills necessary to fully share in all of the possibilities, civic, social, and economic. all of these made possible by the internet. that is one of the reasons we are here today. he discovered for the administration is the broadband technology opportunities program or btop. this program was established in 2009 by the american reinvestment and recovery act and is administered by ntia. we have nearly $4 billion invested in roughly 230 projects across the country, all aimed at expanding broadband access and adoption in the country. and i want to tell you a little bit about the programs and then tell you about why we care so much about this issue. so, we have the btop for infrastructure projects. these are building broadband networks in areas that are currently underserved. they are making sure that hospitals, schools, and other vital community institutions have the access that they need to make s
to produce better and new jobs and position to ensure that america remains at the forefront of the economy in the 21st century. we are working to ensure that all americans have the resources and the skills necessary to fully share in all of the possibilities, civic, social, and economic. all of these made possible by the internet. that is one of the reasons we are here today. he discovered for the administration is the broadband technology opportunities program or btop. this program was...
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some people think it's jobs and the economy. to a certain extent that's right but the bailouts and stimulus packages, those are band-aid solutions. we're never going to regain our place in the global marketplace until we fix our public education system and our kids have the math and science programs, engineering to bring to fruition, innovation. there's going to be no stopping our country. but first there has to be an acknowledgement that there's a significant problem. >> and there you have michelle rhee's master plan. end us an e-mail. we want to hear from you. thanks for watching. have a good night. >> having a girl let it slip by kate and sensation here. hi everybody. welcome to "access hollywood". weekend edition. i'm shaun robinson. we begin with a sad diagnosis for vat reharper. she accelerated the women movement in 1970's with the betrayal of mary best friend rhoda and now valerie shows the same honest fearlessness that she faces no now. amazing and stay as listening as you can. point an words from 73-year-old valerie who
some people think it's jobs and the economy. to a certain extent that's right but the bailouts and stimulus packages, those are band-aid solutions. we're never going to regain our place in the global marketplace until we fix our public education system and our kids have the math and science programs, engineering to bring to fruition, innovation. there's going to be no stopping our country. but first there has to be an acknowledgement that there's a significant problem. >> and there you...
SFGTV2: San Francisco Government Television
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the department health officer issued a 25-day suspension to alcatraz market in consideration of the economy and because the employee did ask to see the id. also, the department believes that 25 day suspension sends a strong message to alcatraz and other tobacco permit holders that there is no excuse for selling cigarettes to children. and in their brief, alcatraz market makes two excuses. first, they stated that the new employee didn't compute the date correctly, but again, i shared with you that the california identification card does not require any calculation of age. you only need to read the year in the blue strip. second, alcatraz market warns us that a 25-day suspension may cause their business to fold. so, this morning i did a little research. i pulled 20 businesses that served 25 day or greater suspension and out of those 20 businesses that served 25 days with greater suspension between march 2011 and october 2012, only found one business that experienced a change of ownership after serving eight months after a serving a 25-day suspension and all the other 19 businesses have the sa
the department health officer issued a 25-day suspension to alcatraz market in consideration of the economy and because the employee did ask to see the id. also, the department believes that 25 day suspension sends a strong message to alcatraz and other tobacco permit holders that there is no excuse for selling cigarettes to children. and in their brief, alcatraz market makes two excuses. first, they stated that the new employee didn't compute the date correctly, but again, i shared with you...
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. >> we know that america's confidence in our economy is not rattled even when the deadline comes upon us. we measure the confidence with the stock market. it barely moved, they actually moved up for most of the day, ending with small gains, led higher by bay area companies that in fact have boosted the economy since the melt down of 2008. for proof, here are the local stocks on the dow since the melt down which is shown by the dip on the left of the stock chart, cisco has moved up and intel moved up more, and chevron saw their stock double. now, the one local dow component that lost ground is hewlett-packard that had its own problems but to be fair, even hp is up 40% on the year. what it comes down to is the dow and the stock market seem to like budget cuts. jessica? >> thank you very much. scott. it's not exactly a life sentence but st. mary's, the squad will have to live with the severe punishment. we are in the comcast sportsnet studio on more on how the long punishment lasts and what the gaels did no deserve the punishment? >> the saint mary's program hit with ncaa violation rules
. >> we know that america's confidence in our economy is not rattled even when the deadline comes upon us. we measure the confidence with the stock market. it barely moved, they actually moved up for most of the day, ending with small gains, led higher by bay area companies that in fact have boosted the economy since the melt down of 2008. for proof, here are the local stocks on the dow since the melt down which is shown by the dip on the left of the stock chart, cisco has moved up and...
SFGTV: San Francisco Government Television
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Mar 4, 2013
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you know suexctiontionv eastern neighborhoods became affected, the economy went south a little bit. so, it actually hasn't been that many large residential projects that have come along for umu. but there's only three or four. the two [speaker not understood] daggett triangle and concourse development were just recently approved. both of those are in umu with a fee structure that is tier 1 for fees and tier b for affordable housing. and both of those are in 68 foot height district so they're fairly good models for the western soma version as most of the heights are 55-65. so they would be 65 for the high project, five story projects ju
you know suexctiontionv eastern neighborhoods became affected, the economy went south a little bit. so, it actually hasn't been that many large residential projects that have come along for umu. but there's only three or four. the two [speaker not understood] daggett triangle and concourse development were just recently approved. both of those are in umu with a fee structure that is tier 1 for fees and tier b for affordable housing. and both of those are in 68 foot height district so they're...
SFGTV2: San Francisco Government Television
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internationally and frankly at an -- promising a lot of our time to chinese investors and really an international economy but we are looking at not just across the country but to invest and -- in the bay area and it's not goal of -- 50% there and to ed we are a region and many of these companys are going to be make this horizontal and vertical -- chinese investors in the entire bay area and so they have to have it's a different game. and you know, texans have to live there. the reality is that this is one of the most beautiful places with the best whrr and -- [inaudible] company that is going to for tech assistance on your software and you get somebody in india well they are actually -- because oakland they are putting a call center in oakland to get a quicker turn around and -- in many languages and that is an innovation because of the diversity and depth of the talent in the bay area. >> prop 30 doesn't make economic development harder or is that an issue >>> well it may be a challenge for certain types of companies but i do think that our investments as mayor khan said increasing the quality of life h
internationally and frankly at an -- promising a lot of our time to chinese investors and really an international economy but we are looking at not just across the country but to invest and -- in the bay area and it's not goal of -- 50% there and to ed we are a region and many of these companys are going to be make this horizontal and vertical -- chinese investors in the entire bay area and so they have to have it's a different game. and you know, texans have to live there. the reality is that...
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Mar 3, 2013
03/13
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KPIX
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they'll hurt our economy and cost us jobs. and congress can turn them off at any time. as soon as both sides are willing to compromise. >> reporter: but real cuts are coming and they will arrive first at school systems near military bases and on native american reservations. places where federal funds make up 40% to 50% of yearly budgets. that means school days will have to be dropped almost immediately. >> if i'm a man or woman in uniform in afghanistan right now, the notion that my school or my children on an army base might be disrupted because congress didn't act, that's an impact. >> reporter: also likely, furloughs for tens of thousands of federal workers starting in april. takes for the rest, it's still unclear. the white house has been accused by fact checkers at "the washington post" of exaggerating the speed and severity of education job losses and janitorial cuts on capitol hill. aviation officials could not confirm white house claims that commercial flights would be delayed up to 90 minutes each. for now sequestration, that's what we call it here in washingt
they'll hurt our economy and cost us jobs. and congress can turn them off at any time. as soon as both sides are willing to compromise. >> reporter: but real cuts are coming and they will arrive first at school systems near military bases and on native american reservations. places where federal funds make up 40% to 50% of yearly budgets. that means school days will have to be dropped almost immediately. >> if i'm a man or woman in uniform in afghanistan right now, the notion that...
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Mar 6, 2013
03/13
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KICU
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it is not going to throw the economy into a tail spin. it is very unlikely to cause a recession. >> but say economist wilcox and consumer psychologist, a deal in congress would help a lot. >> i think you would see a much stronger job market. you'd see an even stronger housing market. >> compromises are made. i think that actually would contribute greatly to consumer confidence because consumer ks relax a little bit. >> but here's the wrinkle. the average 401k has just every $677,000 in it, but in all those five years, today the market has only returned on that total invest. just under $7 hun. tom vacar ktvu channel 2 news. >> more te tails on the dow's comeback. the dow's previous record close was in october of 2007. the market hit the bottom on march 9th, 2009, closing at 65-47. since that time the dow has gone up 118%. >>> an expanding san francisco company today gave us a sneak peek at new global headquarters. at the historic 888 brandon building. the company is an online service that lists rental properties for short-term logic. offic
it is not going to throw the economy into a tail spin. it is very unlikely to cause a recession. >> but say economist wilcox and consumer psychologist, a deal in congress would help a lot. >> i think you would see a much stronger job market. you'd see an even stronger housing market. >> compromises are made. i think that actually would contribute greatly to consumer confidence because consumer ks relax a little bit. >> but here's the wrinkle. the average 401k has just...
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Mar 3, 2013
03/13
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CNNW
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at a time when the economy is still weak. it concentrates all the austerity right up front and there are estimates that pulling this much purchasing power out of the economy could reduce the number of jobs created next year by as much as 700,000 or 750,000. it doesn't differentiate between programs seen as successful and those seen as unsuccessful. it cuts across the board. third it has a generational inequity. the sequester is aimed solely at discremary spending. the kind of day-to-day operation of the government. medicare, medicaid, programs like that as a result, it cuts deeply at the programs where we make our investments and the productivity of the next education, research. and only nicks very slightly entitlements that benefit the elderly. this tilt we're living through where we are spending $7 per capita on seniors a the the federal level than we are on kids, in all of these ways i think, the sequester kind of steers both parties away from when they want, a growing economy and a long-term solution that controls the deb
at a time when the economy is still weak. it concentrates all the austerity right up front and there are estimates that pulling this much purchasing power out of the economy could reduce the number of jobs created next year by as much as 700,000 or 750,000. it doesn't differentiate between programs seen as successful and those seen as unsuccessful. it cuts across the board. third it has a generational inequity. the sequester is aimed solely at discremary spending. the kind of day-to-day...
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Mar 2, 2013
03/13
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KTVU
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fox captioned by media access group at wgbh access.wgbh.org >>> it's just hard and it will hurt the economy overall. >> mark: the president said he did something today he didn't want to do. >> mark: no compromise in washington, so the budget cuts have begun. they went into effect an hour ago. in is a live picture of washington, d.c., the nation's head in gridlock. earlier today the president called top leaders from both sides to the white house. simply put, republicans want spending cuts while the president wants to increase revenue while closing loopholes to reduce the deficit. >> derek: the president got his tax hikes on january 1. the discussion about revenue, in my view, is over. it's about taking on the spending problem here in washington. >> mark: republicans in the white house did come together on one issue. they agreed to keep the government running through september 30 and avoid a shut-down at the end of this month. >> how concerned are people about the cuts? deborah is live now where she went to sample the sequester mood tonight. >> reporter: we found more ambivalence than alarm.
fox captioned by media access group at wgbh access.wgbh.org >>> it's just hard and it will hurt the economy overall. >> mark: the president said he did something today he didn't want to do. >> mark: no compromise in washington, so the budget cuts have begun. they went into effect an hour ago. in is a live picture of washington, d.c., the nation's head in gridlock. earlier today the president called top leaders from both sides to the white house. simply put, republicans want...
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back with an undeniable bigwig, warning the devastation of the economy, proving the economy could take the cuts in the market wouldn't miss a beat. record days in a row. governor of new hampshire says it is a sign maybe this keeps up the grand old party. always great to have you, how are you doing? >> it is great to be here. neil: i am no weather guy, but i remember as a kid the massive snowstorms and nobody was piping up about global warming then. that was then, this is now. what do you make of republicans? the president tried to save the cuts go through, cuts he came up with, they called the bluff, i took the heat, they took the nonstop parading press, life goes on, the markets hit the records. looks like a win. >> it is more of a loss for the president than just a win for the republicans. the president got caught saying it wasn't his idea and woodward pointed out that is not true. neil: woodward also revealed tax hikes shouldn't be a part of this was also the president's discussion. i wanted to get that out. >> the second piece of untruth that came from the president, he said the wo
back with an undeniable bigwig, warning the devastation of the economy, proving the economy could take the cuts in the market wouldn't miss a beat. record days in a row. governor of new hampshire says it is a sign maybe this keeps up the grand old party. always great to have you, how are you doing? >> it is great to be here. neil: i am no weather guy, but i remember as a kid the massive snowstorms and nobody was piping up about global warming then. that was then, this is now. what do you...
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Mar 2, 2013
03/13
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KQED
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and, corpina thinks it's the economy in the u.s. and europe that's going to push and pull stocks in the coming weeks, not american politics. >> next week we've a lot of economic data that's on the plate. we've got an unemployment number coming out at the end of the week next week. i think that's going to help us give a little bit on an insight as to what the mentality of the investors are. >> reporter: others say investors will only shrug off washington for so long. if there's no deal by march 27 and the government shuts down, the stock market will undoubtedly show it. suzanne pratt, "n.b.r.,' new york. >> susie: as darren mentioned, those automatic spending cuts could hit nearly 1.5 million jobs. while that could push the unemployment rate higher, many u.s. states were actually adding jobs in 2012. ruben ramirez breaks down the numbers. >> reporter: there were fewer people standing in unemployment lines in 2012 as the vast majority of states saw their jobless rates drop. in new data out today, the average unemployment rate dropped
and, corpina thinks it's the economy in the u.s. and europe that's going to push and pull stocks in the coming weeks, not american politics. >> next week we've a lot of economic data that's on the plate. we've got an unemployment number coming out at the end of the week next week. i think that's going to help us give a little bit on an insight as to what the mentality of the investors are. >> reporter: others say investors will only shrug off washington for so long. if there's no...
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Mar 2, 2013
03/13
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KQEH
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the economy is better. people are more confident about their jobs. mortgage rates are at incredible historic lows. 3.5% for a 30-year fixed mortgage. that really increases people's purchasing power. there's a growing population whose demand, you know, has finally caught up with the supply and there's a lot more investors out there who have deep pockets and a lot of money to spend and they, you know, of course, add to the pool of buyers. and in many cases buying a home is -- they can buy a home more cheaply than they can build one. you know, so -- >> where are housing prices going up the most? is it the lower end? the higher end? the middle? >> they're actually going up quite a bit by percentage wise on the lower end, but of course, it's easy to go up percentage wise when you have a house that's $200,000, you know, they can go up 10% or 20%. there's different forces at work, but in all these cases it's still the limited supply. in pittsburg and vallejo, antioch, the places really, really hard hit by the housing downturn, housing prices are still half
the economy is better. people are more confident about their jobs. mortgage rates are at incredible historic lows. 3.5% for a 30-year fixed mortgage. that really increases people's purchasing power. there's a growing population whose demand, you know, has finally caught up with the supply and there's a lot more investors out there who have deep pockets and a lot of money to spend and they, you know, of course, add to the pool of buyers. and in many cases buying a home is -- they can buy a home...
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Mar 4, 2013
03/13
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KTVU
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checking in on our numbers, it is a slightly lower opening as well they continue to hamper our economy here, earnings are not great. the european debt crisis, it looks like a slightly lower opening but a gain on friday. >> just about 5:21, a controversy over identity theft, one company failed her when she needed it most. what he did when he found a gun and why it shocked everyone. [ female announcer ] it balances you... it fills you with energy... and it gives you what you are looking for to live a more natural life. in a convenient two bar pack. this is nature valley. nature at its most delicious. with simple, real ingredients, like roasted peanuts, creamy peanut butter, and a rich dark-chocolate flavor, plus 10 grams of protein, so it's energy straight from nature to you. nature valley protein bars. . >>> welcome back, time now 52 parks police -- 5:23, a police dog found a gun and not only found it but shot it. ivan found the gun and accidentally fired it in the direction of a neighborhood but luckily nobody was hurt. >> i have seen a lot of canines locate weapons and this is the fir
checking in on our numbers, it is a slightly lower opening as well they continue to hamper our economy here, earnings are not great. the european debt crisis, it looks like a slightly lower opening but a gain on friday. >> just about 5:21, a controversy over identity theft, one company failed her when she needed it most. what he did when he found a gun and why it shocked everyone. [ female announcer ] it balances you... it fills you with energy... and it gives you what you are looking for...